Instructor for this course
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Not currently accepting new students

This course covers clergy tax items including Housing Allowances and Income, and goes over in detail IRS Publication 517.

The course instructor is Arthur Reed, MBA, CPA, MST.

Learning Objectives

  • Understand the Rental Value of Parsonages as related to the Clergy
  • Know the important sections of Regulation 107
  • Understand Fair Rental Value, Additional Income and Allocation of Expenses
  • Know the IRS definition of "Ordained Minister"
  • Learn where to find valuable sources for Clergy Tax Regulations
  • Be aware of high profile court cases regarding Clergy Tax Issues
Last updated/reviewed: November 20, 2019

Prerequisites

Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course.

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
  20:20Part 1- Introduction, Code Sections for Clergy, Review IRS Form 1040
  19:23Part 2- Rental Value of Parsonages, Review IRS Form 1040
  20:04Part 3- Regulation 107, Actual Costs, Fair Rental Value
  10:42Part 4- Court Cases, Changes in Code
  11:23Part 5- What is an Ordained Minister?
  17:06Part 6- Additional Income & Allocation of Expenses
  4:52Part 7- Sources for Clergy Tax Regulations
CONTINUOUS PLAY
  1:43:50Tax Preparers' prayers answered: Tax Issues for the Clergy
SUPPORTING MATERIALS
  PDFTax Preparers' prayers answered: Tax Issues for the Clergy Glossary/Index
  PDFPublication 517
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM